HomeMy WebLinkAboutNo. 2363 approving an application for real property tax deduction (220 W Colfax, Colfax Place)RESOLUTION NO. 2363
• A RESOLUTION APPROVING AN APPLICATION FOR
REAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6-1.1-12.1-2(1) provides that an application for property tax deduction may not be
approved when the property is located in an allocation area as defined in I.C. 36-7-14-39, unless the
Redevelopment Commission which designated that allocation area adopts a resolution approving that
application; and
WHEREAS, the South Bend Common Council has received a petition for (5) five years of real
property tax abatement consideration from Colfax Place Associates for real property located at 220 West
Colfax Avenue in the South Bend Central Development Area, the development area location and legal
description of which is attached hereto, marked Exhibit "A" and incorporated herein; and
WHEREAS, this Commission declared the South Bend Central Development Area by Resolution No.
737, adopted May 10,1985, and in the same resolution declared the South Bend Central Development Area,
Allocation Area No. 1 A; and
WHEREAS, the property located at 220 West Colfax Avenue is located within the South Bend Central
Development Area, Allocation Area No. lA;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows:
1) The Commission finds that the application from Colfax Place Associates for (5) five years of real
• property tax abatement consideration for property located at 220 West Colfax Avenue in the South Bend
Central Development Area, Allocation Area No. lA, should be and is hereby approved.
2) That a copy of this resolution be forwarded to the South Bend Common Council to indicate the
Commission's approval of the petition for real property tax abatement for Colfax Place Associates.
(~_.`t
Approved this i., ~~-~>,..~ ~ `~~~ J 2007, at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
~~~ ~ti
Marcia I. Jones, esident
ATTEST:
regory Downes, etary
•
EXHIBIT A
• LEGAL DESCRIPTION
DeSCrlpti0n: (Lawyers Title Insurance Corp. Commitment No. 3529505, May 18, 2005)
PARCEL I:
Lots Numbered One (1), Two (2), Seven (7), Eight (8) and the East one-third (1/3) of Lot
Numbered Four (4) as shown on the recorded Plat of J.C. Knoblock's Subdivision of Lots
Numbered Two Hundred Forty-five (245) and Two Hundred Forty-six (246) in the
Original Plat of the Town, now City of South Bend, Indiana, recorded February 26, 1901
in the Office of the Recorder of St. Joseph County, Indiana.
EXCEPTING from said Lot Numbered Two (2) the following:
A strip of land bounded by a line described as beginning at the Northwest corner of Lot
Two (2) in Knoblock's Subdivision of Lots Two Hundred Forty-five (245) and Two
Hundred Forty-six (246) in the Original Plat of South Bend, Indiana; thence running
Easterly on the North line of said Lot Two (2) a distance of 31.65 feet to a point that is
0.50 feet East of the East end of the existing Party Wall; thence South a distance of 1.25
feet; thence Westerly parallel with the North line of said Lot Two (2) to a point on the
West line thereof. said point being 1.25 feet South of the point of beginning; thence North
on the West line of Lot Two (2) along the West end of said Party Wall to the place of
• beginning; said exception being the real estate described in that certain Quit-Claim Deed
dated March 21, 1986, and recorded as Instrument 8606081 in the Office of the Recorder
of St. Joseph County, Indiana.
PARCEL II:
Also, Lot Numbered Two Hundred Forty-four (244) and the East 60 feet of Lots
Numbered Two Hundred Forty-five (245) and Two Hundred Forty-six (246) as shown on
the Original Plat of the Town, now City of South Bend, Indiana.
PARCEL III:
(Designated as a Private Alley) Lot Lettered "A"
as shown on the recorded Plat of J.C. Knoblock's Subdivision of Lots Two Hundred
Forty-five (245) and Two Hundred Forty-six (246) in. the Original Plat of the Town, now
City of South Bend, recorded February 26, 1901 in Plat Book 8, page 15 in the Office of
the Recorder of St. Joseph County, Indiana, said alley being Ten (10) feet in width, East
and West, and Fifty (50) feet in length, North and South, being adjacent to and East of
Lots One (1), Two (2) and the South Nine (9.00) feet of Lot Three (3) in said J.C.
Knoblock's Subdivision of said Lots Numbered Two Hundred Forty-five (245) and Two
Hundred Forty-six. (246).
Key Number: 018-1012-0471; 0473; 0474; and 0475
• Address: 220 West Colfax Avenue